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| Video game Baftas get underway as Game Group struggles | Video game Baftas get underway as Game Group struggles |
| (40 minutes later) | |
| The British Academy Video Game Awards are underway in central London. | The British Academy Video Game Awards are underway in central London. |
| A total of 48 games are competing across 18 categories, including new categories such as best debut game and best performer for an actor who provided a character's voice-over. | A total of 48 games are competing across 18 categories, including new categories such as best debut game and best performer for an actor who provided a character's voice-over. |
| Dice's Battlefield 3 took the Game Award - which is voted for by the public - as well as online multiplayer. | |
| The troubled financial state of Game Group - the awards' sponsor - hangs over the event. | The troubled financial state of Game Group - the awards' sponsor - hangs over the event. |
| Other early award winners include Portal 2 for both best story and design, Little Big Planet 2 for game innovation and LA Noire for best original music. | |
| In addition Markus "Notch" Persson - the creator of Minecraft - has been honoured with a special award. | |
| Of the games nominated on Friday evening, Rocksteady Studio's Batman: Arkham City and Team Bondi's LA Noire lead the way with eight nominations. | |
| Both are up for the prestigious best game award. | |
| Other titles nominated for the top title include Fifa 2012; Portal 2; The Elder Scrolls V: Skyrim; and The Legend of Zelda: Skyward Sword. | |
| Game's struggle | |
| Game confirmed on Monday that a number of its suppliers were refusing to provide it with stock. | |
| Games publishers were apparently worried that the size of Game Group's debt might prove unsustainable and they would not be paid for stock delivered. | Games publishers were apparently worried that the size of Game Group's debt might prove unsustainable and they would not be paid for stock delivered. |
| As a result Game had been unable to offer popular titles such as Mass Effect 3 and Mario Party 9. | As a result Game had been unable to offer popular titles such as Mass Effect 3 and Mario Party 9. |
| In a statement, the company admitted that it was "uncertain" whether efforts to resolve the matter would succeed, and told investors that their shares might become worthless. | In a statement, the company admitted that it was "uncertain" whether efforts to resolve the matter would succeed, and told investors that their shares might become worthless. |
| However, the Financial Times reported on Thursday about a possible rescue. It said that the private equity group, OpCapita, had made an offer to buy out the company's debt from its lenders. | However, the Financial Times reported on Thursday about a possible rescue. It said that the private equity group, OpCapita, had made an offer to buy out the company's debt from its lenders. |
| Game Group has 1,300 stores worldwide, including 600 in the UK. | Game Group has 1,300 stores worldwide, including 600 in the UK. |
| It also trades online under the brand names Game, Gamestation and Gameplay. | It also trades online under the brand names Game, Gamestation and Gameplay. |
| It has struggled against competition from the supermarkets, other e-retailers including Amazon and a shift towards digital downloads. | It has struggled against competition from the supermarkets, other e-retailers including Amazon and a shift towards digital downloads. |
| The fact that the Playstation 3, Xbox 360 and Nintendo Wii are all seen as coming towards the end of their life-spans has also put its hardware sales under pressure. | The fact that the Playstation 3, Xbox 360 and Nintendo Wii are all seen as coming towards the end of their life-spans has also put its hardware sales under pressure. |